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I cleared the IBPS PO exam with good marks and am eagerly awaiting the interview results, scheduled for April 1st. I’ve read that public sector banks require a 3-year service bond with a penalty of around ₹2 lakhs. Meanwhile, I’ve also taken the LIC Assistant Administrative Officer exam, with results expected in 3-4 months. I’m unsure about my selection in LIC, so I’m in a fix! Is it possible to transfer the service bond from a public sector bank to LIC, since they’re both government entities? Please advise!

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In India, an invention made by an employee during the course of their employment, using the employer’s resources, typically belongs to the employer. However, you can file a patent on your own, but you would need to disclose your employer’s interest and seek their consent, as it could be considered a breach of contract if you don’t.

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